About Holographic Versatile Disc
The development of data storage has led to the transition from traditional optical discs/drives to Holographic Versatile Disc (HVD) technology, which promises to be a viable replacement to Blu-ray and HD DVD technologies, with a significant and promising future market. While a single-layer Blu-ray disc can carry around 25GB of data and dual-layer discs up to 50GB, and HVD disc can hold the equivalent of 200 conventional DVDs and transport data at a rate of over 1 gigabit per second, or 40 times quicker than a DVD. There has never been a holographic disc product on the market. Several release dates were announced, but no products were delivered, owing to the high costs of the drives and discs themselves, incompatibility with existing or future standards, and competition from video streaming.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
This market mostly has large corporations who are the part of HSD forum in the development of HVD. For new entrants in the market, they have to agree to license the tech in order to use it which could be a restraint for smaller companies. The most prominent market in the United States along with China due to the large growth of computing in those regions. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
CBC Group (United States), Daicel (Japan), FujiFilm (Japan), Optware Corporation (India), Pulstec Industrial Co., Ltd (Japan), Hitachi (Japan), Konica Minolta Inc. (Japan), Kyoeisha (Japan), Pulstec (Japan) and Shibaura Mechatronics Corporation (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Holographic Versatile Disc market by Type (Audio Storage, Video Storage, Document Storage and Others), Application (Residential, Commercial and Industrial) and Region.
On the basis of geography, the market of Holographic Versatile Disc has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Holographic Versatile Disc market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Storage Capacity, the sub-segment i.e. Up To 500 GB will boost the Holographic Versatile Disc market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Research to Develop the Cost-Effective Holographic Versatile Disc
Market Growth Drivers:
Need Of Holographic Versatile Disc to Store Data in Portable Form and Prevalence Of Offline Market for Buying Games and Media
Challenges:
Increasing Prevalence of Cloud Storage and Many Computer Manufacturers Are Removing Disc Drives
Restraints:
Availability Of Superior Alternatives to Holographic Versatile Disc Like Pen Drives
Opportunities:
Opportunity To Sell Holographic Versatile Disc to Game Developers
Market Leaders and their expansionary development strategies
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Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Holographic Versatile Disc Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.